ANNAPOLIS, Md. — The Maryland Comptroller's Office released a report examining the potential impacts of implementing a state baby bonds program, which would provide $7,000 investments to babies born under Medicaid coverage.

WATCH: Maryland considers $7,000 baby bonds for low-income families Maryland considers $7,000 baby bonds for low-income families

The report presents various investment scenarios estimating how much a baby bond program would impact the state financially and economically.

"What we did in our report is to look at what a program like this needs in terms of an investment to make this work," says Comptroller Brooke Lierman.

Under the proposed program, babies born under Medicaid coverage would receive a $7,000 investment at birth. By age 18, that investment would grow to

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